Pure Storage Inc. Class A (PSTG) Soars 1.02% on January 20
Equities Staff Follow |Pure Storage Inc. Class A (PSTG) had a good day on the market for Wednesday January 20 as shares jumped 1.02% to close at $22.87. About 2.85 million shares traded hands on 23,419 trades for the day, compared with an average daily volume of n/a shares out of a total float of 272.81 million. After opening the trading day at $22.92, shares of Pure Storage Inc. Class A stayed within a range of $23.24 to $22.74.
With today's gains, Pure Storage Inc. Class A now has a market cap of $6.24 billion. Shares of Pure Storage Inc. Class A have been trading within a range of $24.63 and $7.93 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.
Pure Storage Inc is a US-based company which provides an enterprise data storage platform that transforms business through a dramatic increase in performance and reduction in complexity and costs. Its services include Purity Operating Environment, which is its flash-optimized software, FlashArray, its modular and scalable all-flash array hardware and Pure1, its cloud-based management, and support. FlashArray is a modular all-flash storage array designed to maximize the performance and density of flash, optimize the software services that the Purity Operating Environment provides and minimize solution cost for customers. Its customers include cloud-based software and service providers, consumer web, education, energy, governments, healthcare, media, telecommunications amongst others.
Pure Storage Inc. Class A is based out of Mountain View, CA and has some 3,850 employees. Its CEO is Charles H. Giancarlo.
For a complete fundamental analysis of Pure Storage Inc. Class A, check out Equities.com’s Stock Valuation Analysis report for PSTG.
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Pure Storage Inc. Class A is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
To get more information on Pure Storage Inc. Class A and to follow the company’s latest updates, you can visit the company’s profile page here: PSTG’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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